Recalculating Journal Balances

The Recalculate Journal Balances utility recalculates the accumulated debit and credit balances of all transactions for a specific journal and date range. If an imbalance exists, the system generates a new transaction to bring the journal back into balance.

Note:

After running this utility, you must run the Journal Transactions utility to complete the transactions that were created to balance the journals.
You can recalculate only one journal at a time.

Enter information in the following fields:
- Journal ID: Enter the journal ID you want to recalculate.
- Starting and Ending Transaction Date: Enter the range of dates for which you want to recalculate transactions.
- Transaction Date: (Optional) Enter the date you want to use for any transactions that are created by this utility. Note that if you do not enter a date, you will be prompted to enter one when you use the Journal Transactions utility to update the transactions.
To process your selections, click Process.

At most, the system creates one transaction.